Abercrombie Archives - Inside Retail Asia
Abercrombie & Fitch is on the right road to recovery.
Positive comparable sales numbers indicate momentum at both the Abercrombie and Hollister brands for parent A&F.
Hollister sales helped drive a strong fourth quarter for parent Abercrombie & Fitch in both sales and profits.
After an extended run of decline, Abercrombie & Fitch is finally back with a market-beating 4.5 per cent uplift in total sales.
Abercrombie & Fitch ended the year in a tailspin, with sales down by almost 7 per cent and operating profit falling 49 per cent.
Abercrombie & Fitch sales are back in negative territory, with the US market particularly poor.
US clothing retailer shows renewed confidence to Asia.